| Metric | FY2025 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Loan interest | $787.5M+14.8% | $686.1M-26.4% | $931.9M | — | $651.2M+35.0% | $482.3M-19.0% | $595.1M-34.9% | $914.3M+1.8% | $897.7M+18.5% | $757.7M |
| Investment interest | $185.9M+12.4% | $165.4M-7.0% | $177.9M | — | $91.6M+120.7% | $41.5M+69.1% | $24.5M-28.7% | $34.4M+29.4% | $26.6M+109.5% | $12.7M |
| Total interest income | $973.4M+14.3% | $851.5M-23.3% | $1.11B | — | $742.8M+41.8% | $523.8M-15.5% | $619.7M-34.7% | $948.7M+2.6% | $924.3M+20.0% | $770.4M |
| Interest expense on bonds and notes payable and bank deposits | $680.5M+36.9% | $496.9M-41.2% | $845.1M | — | $430.1M+144.1% | $176.2M-46.6% | $330.1M | — | — | — |
| Net interest income | $292.9M-17.4% | $354.5M+33.9% | $264.7M | — | $312.7M-10.0% | $347.6M+20.0% | $289.6M+16.1% | $249.3M-2.0% | $254.4M-16.7% | $305.2M |
| Less provision for loan losses | $54.6M-19.5% | $67.9M+736.1% | $8.1M | — | $35.0M+381.5% | -$12.4M-119.6% | $63.4M | — | $23.0M+59.2% | $14.4M |
| Less provision for beneficial interests | $39.5M+249.1% | $11.3M | $0 | — | — | — | — | — | — | — |
| Net interest income after provision | $198.8M-27.8% | $275.3M+7.3% | $256.6M | — | — | — | — | — | — | — |
| Other, net | $60.0M-38.6% | $97.6M+206.1% | -$92.0M | — | $17.7M-77.5% | $78.7M+36.7% | $57.6M | — | — | — |
| Gain on partial redemption of ALLO investment | $175.0M+0.0% | $175.0M | $0 | $0 | — | — | — | — | — | — |
| Derivative market value adjustments and derivative settlements, net | $16.3M+354.1% | -$6.4M+61.7% | -$16.7M | — | $264.6M+270.4% | $71.4M+392.0% | -$24.5M+20.5% | -$30.8M-143.3% | $71.1M | — |
| Total other income (expense), net | $1.17B-17.0% | $1.40B+51.9% | $924.3M | — | $1.24B+27.2% | $977.1M | — | — | — | — |
| Cost of services | $77.7M+85.8% | $41.8M-13.9% | $48.6M | — | $20.0M | $0 | $0-100.0% | $20.4M+20.7% | $16.9M+70.1% | $9.9M |
| Salaries and benefits | $576.9M+3.2% | $558.8M-5.5% | $591.5M | — | $589.6M+16.3% | $507.1M+1.1% | $501.8M+8.3% | $463.5M+6.3% | $436.2M+44.5% | $301.9M |
| Depreciation and amortization | $58.1M+73.1% | $33.6M-57.6% | $79.1M | — | $74.1M+0.5% | $73.7M-37.9% | $118.7M+13.0% | $105.0M+20.9% | $86.9M+119.8% | $39.5M |
| Reinsurance losses and underwriting expenses | $55.2M-40.9% | $93.6M+457.5% | $16.8M | — | $154K | — | — | — | — | — |
| Impairment expense | $3.1M-89.4% | $29.6M-7.2% | $31.9M | — | — | -$16.4M | — | — | -$11.7M | — |
| Other expenses | $189.5M-10.4% | $211.6M+22.2% | $173.1M | — | $170.6M+17.3% | $145.5M-9.4% | $160.6M-17.3% | $194.3M+16.8% | $166.3M+16.2% | $143.1M |
| Total operating expenses | $882.9M-4.8% | $927.1M+3.9% | $892.4M | — | $834.4M+14.9% | $726.3M-7.0% | $781.1M+2.4% | $762.8M+10.7% | $689.4M+42.3% | $484.5M |
| Income (loss) before income taxes | $228.6M-56.6% | $526.3M+666.0% | $68.7M | — | $501.8M-0.1% | $502.1M | — | — | — | — |
| Income tax expense | -$52.7M+58.8% | -$128.0M-560.2% | -$19.4M | — | $113.1M-2.4% | $115.8M+14.8% | $100.9M+184.5% | $35.5M-39.7% | $58.8M-9.4% | $64.9M |
| Net income | $175.9M-55.8% | $398.3M+707.5% | $49.3M | — | $388.7M+0.6% | $386.3M+10.5% | $349.6M+147.4% | $141.3M-37.9% | $227.5M+40.6% | $161.8M |
| Net loss attributable to noncontrolling interests | $8.1M-73.0% | $30.1M-25.6% | $40.5M | — | $18.2M+159.2% | $7.0M+148.6% | $2.8M+453.4% | $509K+30.8% | $389K-96.6% | $11.3M |
| Net income (loss) attributable to Nelnet, Inc. | $184.0M-57.0% | $428.5M+377.0% | $89.8M | — | $406.9M+3.5% | $393.3M+11.6% | $352.4M+148.5% | $141.8M-37.8% | $227.9M+31.6% | $173.2M |
| Net income attributable to Nelnet, Inc. shareholders - basic (in dollars per share) | $5.02-57.4% | $11.79+391.2% | $2.40 | — | $10.82+6.1% | $10.20+13.1% | $9.02+154.8% | $3.54 | — | — |
| Net income attributable to Nelnet, Inc. shareholders - diluted (in dollars per share) | $5.02-57.4% | $11.79+391.2% | $2.40 | — | $10.82+6.1% | $10.20+13.1% | $9.02+154.8% | $3.54 | — | — |
| Weighted-average common shares outstanding - basic (in shares) | 36.64B+0.8% | 36.34B-2.9% | 37.42B | — | 37.60B-2.5% | 38.57B-1.2% | 39.06B-2.5% | 40.05B | — | — |
| Weighted-average common shares outstanding - diluted (in shares) | 36.64B+0.8% | 36.34B-2.9% | 37.42B | — | 37.60B-2.5% | 38.57B-1.2% | 39.06B-2.5% | 40.05B | — | — |
| Loan servicing and systems revenue | ||||||||||
| Revenue | $56.6M+293.6% | $14.4M-54.6% | $31.7M | — | $24.5M | $0 | $0-100.0% | $64.3M | $0 | $0 |
| Education technology services and payments revenue | ||||||||||
| Reinsurance premiums earned | ||||||||||
| Solar construction revenue | ||||||||||
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.